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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 33,182 $ 25,804
(Benefit) provision for loan losses (2,829) 12,935
Depreciation and amortization of bank premises and equipment 2,122 2,238
Net gain on sale of loans   (144)
Net gain on sale of securities (5,216) (2,972)
Amortization of premium, net of accretion of discount 5,333 5,744
Net loss from fair value adjustments 1,520 621
OTTI charge recognized in earnings   1,419
Income from bank owned life insurance (2,293) (2,519)
Stock-based compensation expense 3,592 2,916
Deferred compensation (2,245) (410)
Amortization of core deposit intangibles   351
Excess tax benefit from stock-based payment arrangements (757) (339)
Deferred income tax provision 2,556 148
Decrease in prepaid FDIC assessment   3,287
Increase in other liabilities 5,563 8,266
Decrease (increase) in other assets 1,639 (782)
Net cash provided by operating activities 42,167 56,563
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of bank premises and equipment (1,416) (469)
Net (redemption) purchase of Federal Home Loan Bank of New York shares 249 (3,666)
Purchases of securities available for sale (132,185) (380,326)
Proceeds from sales and calls of securities available for sale 102,328 112,886
Proceeds from maturities and prepayments of securities available for sale 77,641 123,746
Net originations of loans (199,615) (201,627)
Purchases of loans (23,777) (452)
Proceeds from sale of real estate owned 2,292 3,408
Proceeds from sale of delinquent loans 7,332 25,217
Net cash used in investing activities (167,151) (321,283)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in non-interest bearing deposits 15,876 24,872
Net increase in interest-bearing deposits 105,502 189,972
Net increase in mortgagors' escrow deposits 8,698 8,504
Net proceeds (repayments) from short-term borrowed funds 25,000 (43,000)
Proceeds from long-term borrowings 150,000 199,346
Repayment of long-term borrowings (157,081) (89,911)
Purchases of treasury stock (13,805) (14,064)
Excess tax benefit from stock-based payment arrangements 757 339
Proceeds from issuance of common stock upon exercise of stock options 512 312
Cash dividends paid (13,461) (11,747)
Net cash provided by financing activities 121,998 264,623
Net decrease in cash and cash equivalents (2,986) (97)
Cash and cash equivalents, beginning of period 33,485 40,425
Cash and cash equivalents, end of period 30,499 40,328
SUPPLEMENTAL CASH FLOW DISCLOSURE    
Interest paid 42,374 40,944
Income taxes paid 18,184 11,996
Taxes paid if excess tax benefits were not tax deductible 18,941 12,335
Loans transferred to other real estate owned 5,749 4,543
Loans provided for the sale of other real estate owned 712 3,011
Loans held for investment transferred to loans held for sale 1,150 13,008
Loans held for sale transferred to loans held for investment   $ 2,214